STOCK MARKET INVESTMENT NEWS AND TRADING TIPS 13 FEB 2014

Markets are stuck in the range since last few sessions as it was again a flat closing for the previous session and hence it needs a proper breakout on either side to decide the trend further. Nifty future strictly resisted around 100 day EMA of 6130 and dropped to close below 6100 mark. Supporting IIP & Inflation data may lift markets towards the resistance range of 6130-6160 while on lower side 6030 is seen as strong support for it.